Any-one got Kevin Rudd's phone number?.
Just had a call from my accountant to advise me exactly how much my super investments have lost in the past 6 months
. Don't check yourself unless you want to spoil your day.
This is the compulsory component that is usually invested with some super fund trustee who is supposed to know what they are doing and who charge us fees for their services.
What gets me is that component of my investments is the ONLY part which has failed to make a return this year. In fact the reduction has wiped out all the returns from the past 5 years.
I know in time it will make a turnaround but hell, the investments I have made outside of this super have all returned a nice result, and I'm no investment guru.
Any-one wanna tell me why I should pay so much in fees to these twits only to get a negative result.